akil: I'd like to test this EA,
where it could be found?
I just open this thread for the development. To develop EAs. I made one and Igorad modified and improved it but seems it was necessary to change NonLagMA to be new version because I can not backtest old one.
Please find SyberiaASCTrend EA. It is the same with SyberiaTrend but deleted MACD and other filters and inserted indicator No1, No2 and so on (Filter1 ... Filter6). About indicators No1, No2 ...No6 please read ASCTrend thread in public area (these indicators are somewhere in the end of the thread).
newdigital: Please find SyberiaASCTrend EA. It is the same with SyberiaTrend but deleted MACD and other filters and inserted indicator No1, No2 and so on (Filter1 ... Filter6). About indicators No1, No2 ...No6 please read ASCTrend thread in public area (these indicators are somewhere in the end of the thread).
It works but we need to find the right settings.
What that filters mean? If you are familiar with indicators No1 and so on from asctrend thread so I inserted exact the same filters (from 1 to 6): if we have red colored bar of Filter1 for example so EA will block any buy orders, If blue color - EA will block any sell orders. Please use one filter only: means that one filter should be true and others - false.
I think nobody backtested this EA properly. It is necessary to create the copy just for backtesting/optimizing the settings. I will try to do it tomorrow.
I tried to backtest it with filters. EA is performing better with filters. But not exactly as I wanted. Anyway there are losses.
How EA is working now with the filters? In the same way. EA is trading all the time. IF Filter1 = true so EA will open buy orders only if the filter si having blue colors of bars, and sell only - if red bars. If the bars are not colored EA will trade as usual: open buy and sell orders. But it the bars is not colored so we have non-trading market condition!
I think we may change it in the following way: EA will not trade if the bars are not colored, and sell orders only with red bars and buy only with blue ones. I will change it tomorrow. It will noty trade often but I hope will be more profitable.
It is the images illustrating the filters:
- Filter1 is using AbsoluteStrength_v1 indicator with signal line.
- Filter2 is using RSIFilter_v1 and AbsoluteStrength_v1 indicators.
- Filter3 is using RSIFilter_v1 indicator only and it is fully identical with this indicator.
- Filter4 is ATR ratio and RSIFilter_v1 indicators.
- Filter5 is using AbsoluteStrength_v1 indicator only in very simple way without signal line (just buy line is above sell one and opposite).
Some people may ask: why I am doing it? because I want to see profitable CyberiaTrader and will play with it and in the same time Igorad may improve his ASCTrend EAs posted on this thread from the beginning.
When market is not very active, like today, I'm using B.Bands (20,0,2) on 30TF for ping pong trades. Only confirmation is Stoch on 5min and patterns. Because market is often like that, and I thought to be good to have EA for that type of market. With filters like angle of 20ma and distanse between H/L B.Bands. So, may be we can use similar concepts for ASCTrend EA? Like when B.Bands too close or 20ma flat do not trade.